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2022
Flag → Flag
Exports $203MRnk 48 / 208
2022
Flag → Flag
Top Product $139MRefined Petroleum
2022
Flag → Flag
Exports $10.5MRnk 13 / 80
2022
Flag → Flag
Top Product $8.17MRecreational Boats
2022
Flag
Economic Complexity (ECI) ECI 0.33Rnk 50 / 133
2022
Flag  
GDP$219BCURRENT US$
Rnk 54 / 186
2012-2022
Flag
GDP GROWTH-9.49%CURRENT US$
Rnk 174 / 186
2022
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 GDP$280MCURRENT US$
Rnk 183 / 186
2012-2022
Flag
GDP GROWTH55.5%CURRENT US$
Rnk 49 / 186
2022
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GDP PC $20,732CURRENT US$
Rnk 50 / 186
2012-2022
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GDP PC GROWTH-5.39%CURRENT US$
Rnk 154 / 186
2022
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GDP PC$6,728CURRENT US$
Rnk 96 / 186
2012-2022
Flag
GDP PC GROWTH95.3%CURRENT US$
Rnk 9 / 186

About

Greece-Marshall Islands Trade: In 2022, Greece exported $203M to Marshall Islands. The main products that Greece exported to Marshall Islands were Refined Petroleum ($139M), Engine Parts ($19.2M), and Nonaqueous Paints ($9.6M). Over the past 5 years the exports of Greece to Marshall Islands have increased at an annualized rate of 17%, from $92.7M in 2017 to $203M in 2022.

In 2022, Greece did not export any services to Marshall Islands.

Marshall Islands-Greece Trade: In 2022, Marshall Islands exported $10.5M to Greece. The main products that Marshall Islands exported to Greece were Recreational Boats ($8.17M), Tug Boats ($2.07M), and Engine Parts ($132k). Over the past 5 years the exports of Marshall Islands to Greece have decreased at an annualized rate of 12.6%,  from $23.6M in 2017 to $10.5M in 2022.

In 2022, Marshall Islands did not export any services to Greece.

Comparison In 2022,  Greece ranked 50 in the Economic Complexity Index (ECI 0.33),  and 57 in total exports ($55.7B). That same year, Marshall Islands ranked 160 in total exports ($1.1B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Greece exported $203M to Marshall Islands. The main products exported from Greece to Marshall Islands were Refined Petroleum ($139M), Engine Parts ($19.2M), and Nonaqueous Paints ($9.6M). During the last 5 years the exports of Greece to Marshall Islands have increased at an annualized rate of 17%, from $92.7M in 2017 to $203M in 2022.

In 2017, Marshall Islands exported $10.5M to Greece. The main products exported from Marshall Islands to Greece were Recreational Boats ($8.17M), Tug Boats ($2.07M), and Engine Parts ($132k). During the last 5 years the exports of Marshall Islands to Greece have decreased at an annualized rate of 12.6%, from $23.6M in 2022 to $10.5M in 2017.

Exports from Greece (Flag) to Marshall Islands (Flag) (2022)

Exports from Marshall Islands (Flag) to Greece (Flag) (2022)

Latest Data

Trade between Greece (Flag) and Marshall Islands (Flag)

Greece Exports

Market Competitiveness

Color
Greece
Top DestinationItaly$5.82B
Marshall Islands
Top DestinationGermany$327M

This map shows whether countries import more from Greece or Marshall Islands. Each country is colored based on the difference in imports they receive from Greece and Marshall Islands or the difference in the growth in imports.

In 2022, countries that imported more from Greece than Marshall Islands included Italy ($5.82B), Bulgaria ($3.62B), and Germany ($3.45B).

In 2022, countries that imported more from Marshall Islands than Greece included Tanzania ($41M) and Rwanda ($10.3M).

Difference in imports from Marshall Islands (Flag) and Greece (Flag) (2022)

Comparative Advantage Greece - Marshall Islands

Flow
Scale

This chart compares trade between Greece and Marshall Islands by product, considering products traded by both, Greece and Marshall Islands.

During 2022, Greece had a large net trade with Marshall Islands in the exports of Mineral Products ($139M), Machines ($32.6M), and Chemical Products ($12.9M).

During 2017, Marshall Islands had a large net trade with Greece in the exports of Transportation ($10.3M), Machines ($139k), and Metals ($48k).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Greece and Marshall Islands. This means that a dot/product with the flag of Greece indicates it has a comparative advantage over Marshall Islands. Similarly, a dot/product with the flag of Marshall Islands indicates it has a comparative advantage over Greece.

Product Space of Greece (Flag) and Marshall Islands (Flag) (2022)

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